Submitted by Charles Hugh Smith from Of Two Minds College Grads: It's a Different Economy The economy has changed in structural ways; preparing for the old economy is a sure path to disappointment. Millions of young people will be graduating...Show More Summary
Submitted by Charles Hugh Smith from Of Two Minds The Silent Epidemic In A Broken, Deranged System: Stress Longtime readers know that I see our system not just as financially sick but as spiritually and psychologically deranging. The illnesses are related, of course--a distorted economic system (i.e. Show More Summary
Charle Hugh Smith is an author. He blogs at Of Two Minds. ~~~ The insecurity of self-employment can generate a far more resilient life and mindset. There are all sorts of “10 best companies to work for” lists, but I’ve assembled a slightly broader list: The Ten Best Employers To Work For. Without further ado, let’s go to number 1:...Read More
Charle Hugh Smith is an author. He blogs at Of Two Minds. ~~~ If we shed our fixation with the Fed and look at global supply and demand, we get a clearer understanding of the tailwinds driving the U.S. dollar higher. I know this is as welcome in many circles as a flashbang tossed on the table in a swank...Read More
Submitted by Charles Hugh Smith from Of Two Minds The Erosion Of The U.S. Economy In Two Words: Jobs And Wages The current de facto policy of inflating asset bubbles to spark a "wealth effect" is no substitute for policies that make it less burdensome to start new enterprises and hire employees. Show More Summary
Philadelphia Archbishop Charles Chaput joined me on Tuesday's program. The transcript of that conversation is here. In the course of the interview, the Archbishop confirmed that the two key sources for commentary on...
Now that Washington’s Birthday has been turned into a generic Presidents Day, I’ve decided to celebrate Almost Presidents Day, because I almost took the day off. We salute you, Charles Evan Hughes, Henry Clay, Samuel Tilden, James Blaine and Al Gore. We raise a snifter of brandy but, alas, no cigar. Note: I’ll be traveling [...]
Submitted by Charles Hugh Smith from Of Two Minds The Pareto Economy The Pareto distribution suggests that costs could be cut by 80% across the entire economy. Economist Vilfredo Pareto's (1848 - 1923) data-driven discovery that 80% of the land in Italy was owned by 20% of the population led to the Pareto principle, known as the 80/20 rule. Show More Summary
The Hollywood Reporter has a fawning and lengthy cover story on Hugh Jackman (like, reasonable fawning, not psychopathic, overwrought Esquire-style fawning), and much of it confirms what we already knew [...] The post Hugh Jackman has alter-egos named “Frank” and “Charles” appeared first on FilmDrunk.
Submitted by Charles Hugh Smith from Of Two Minds Why The Innovation Premium Is Diminishing The acceleration of competition as high-tech tools and skills have dispersed throughout the global economy is an under-appreciated trend. InShow More Summary
Submitted by Charles Hugh Smith from Of Two Minds The Neoliberal Financial Skim The perfection of the Neoliberal order is a parasitic financial sector protected by the Central Bank and State. If the Status Quo is ultimately a distribution system, as correspondent Simon H. Show More Summary
Submitted by Charles Hugh Smith from Of Two Minds Why I Am Hopeful Why am I hopeful? the Status Quo is devolving, and a better way of living lies just beyond the corrupt, wasteful, ruinous consumerist debt/financial tyranny we now inhabit. Show More Summary
Philadelphia Archbishop Charles Chaput came to his archdiocese last year after many years in Denver, years which included the Columbine massacre. He had been scheduled to join me yesterday to discuss America's Roman...
Submitted by Charles Hugh Smith of OfTwoMinds blog, Denial doesn't change reality. It only cripples our response to reality. Psychologists and behavioral economists have found that we deceive ourselves (conceal the truth) to serve our own interests. Show More Summary
One of the leading voices among America's Roman Catholics is that of Philadelphia Archbishop Charles Chaput. He will join me on today's program to discsuss the Church's ongoing battle against the HHS regulations and...
``So $9 trillion in "free money" merely kept the economy flatlined. If this is a self-sustaining recovery, then we should be able to eliminate the $1+ trillion we're borrowing and blowing every year above and beyond 2008's $300 billion deficit, and we should be able to restrain money supply expansion, too.'' -- great chart of money velocity in this.
Submitted by Charles Hugh Smith from Of Two Minds Have Tax Revenues Topped Out? Efforts to collect more taxes fail because people adjust their behavior accordingly. Amidst all the "fiscal cliff" talk of raising tax rates, few dare to...Show More Summary
Join GeekDads Erik Wecks and James Floyd Kelly tonight as they inaugurate the GeekDad Authors' Hangouts series with a discussion with Hugh Howey, Charles Lindsey, Toni Dwiggens, and Will Hertling.
Now that Bryan Singer is directing “X-Men: Days of Future Past” and bringing some old friends with him like Patrick Stewart and Ian McKellen who portrayed X-Men founder Professor Charles Xavier and mutant leader Magneto, respectively, in the original X-Men … Continue reading ?
Hugh Cunningham, the schoolmasterish Director of Training, who presented us a formula which, though it has a certain starry-eyed quality of the early CIA, has stuck in my mind ever since: "We must have the greatest immorality, and we must have the greatest morality."